U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

Discussion in 'News Aggregator' started by The Hacker News, 30 Nov 2023.

  1. The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds. "Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie Infinity heists," the department said. "Sinbad is also used by

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